3/24/2009

Japanese management

Japanese management includes:1. TQM - Total Quality Management, a business quality culture which means approaching high quality in all spheres of a business from finance to management.2. Theory Z by Ouchy. "A company for life", which trains you, educates you, provides you with a home and you stay with this company all your life.3. Just in Time approach, which enables to have high stock, because everything is supplied just in time, so you won't feel lack of any materials\products.4. Production Quality Circle.5. KenI D I O T Kaizen - continious improvement. Can be applied to evrything in a business.6. Lean production improves quality and reduces costs, because it minimised waste.